Baltic Dry Index drops to four-month low of 1,096 points as sentiment for the global economy weakens. Panamaxes lead fall as spot vessels struggle to find employment, followed by supramaxes and handysizes. Dry bulk markets are expected to remain weak until after the Chinese New Year.
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Dry Bulk Market: Summertime Sadness
No doubt the summer that sadly has come to an end was disappointing for most dry bulk shipowners that saw their daily earnings dropping steeply and witnessed the BDI at 2-year lows.
Shipping’s China syndrome: Demand sinks across multiple cargo markets
Container export growth drops; imports of crude, iron ore, LNG under pressure
Cape depression likened to 2008’s plunge
From peak to trough, the current downturn in the capesize index has been described by analysts at brokers Arrow as one of the sharpest since 2008, the year big bulkers went from six-digit territory to loss-making in the wake of the collapse of the bank, Lehman Brothers.
Panamax bulker rates gain 6.5% in a day as rest of dry bulk shipping falls back
The panamax bulker market had a good day on Tuesday thanks to supply constraints and grain expectations out of the Americas, while the rest of dry bulk shipping lost some ground.
Baltic sea freight index falls on lower capesize rates
The Baltic Exchange's main sea freight index snapped a three-session long streak of gains on Tuesday, due to a fall in capesize and supramax rates.
Fears over global food and energy supplies to drive bulker rates in second half
China and India look to boost coal imports as EU plans to ban the fossil fuel from Russia in August
Owner reluctance and full yards curb interest in bulker orders, says EuroDry chief
Pittas says dearth of orders likely to continue, meaning conventional fleet may not be replaced by fuel-efficient vessels for ‘quite some time’
What changes do women want to make the industry a fairer place to work?
On International Women in Maritime Day, TradeWinds asked women from across the industry for real-world perspectives on change
Dry Bulk Newbuilding Review: The Spring Sentiment
Amid a climate of increased uncertainty fuelled by a variety of admittedly worrying factors, investors’ appetite for newbuilding orders in the dry bulk segment remains relatively controlled, thus offering ground for low fleet growth and utilization projections.
Bulker orderbook to ‘remain anaemic’ as sector faces myriad challenges
Most newbuilding orders so far this year have been for ultramaxes and kamsarmaxes, EastGate Shipping says
Grain pain in the Black Sea
While the world observes the unfortunate escalation of the Russian invasion of Ukraine and the ripple effect that it is causing in the supply chain of key commodities, this report examines how the disturbing events in Ukraine can affect grain cargo flows and the dry bulk freight market.
Baltic index slips as lower capesize rates offset gains in smaller vessels
The Baltic Exchange's dry bulk sea freight index fell on Thursday, as a dip in capesize rates outweighed gains in the panamax and supramax segments.
From Mines to AIS Spoofing, Assessing the Risks to Shipping in the Black Sea
Commercial ships are being advised of the high risk operating in the Black Sea following Russia’s invasion of the Ukraine, with various reports of missile attacks on commercial ship, plus warning of the waters containing mines.
EastGate Report | Shipping’s Green Future: Decarbonisation Digest
Despite the long road that lies ahead, after years of lobbying efforts there is finally a shift in the collective mindset of the shipping industry to put more emphasis on its carbon footprint. This report highlights key regulations, actions and initiatives that shape the green shipping narrative.
Dry bulk spot market rises as China returns to work after Lunar New Year
Shipping futures indicates further gains across bulker sector as China starts to return to ‘business as usual’
Kamsarmax bulkers fixed on period contracts as operators seek ‘bargain deals’
Enquiry in the market is also based on speculation for higher spot markets later in the year, brokers say
Dry bulk market expected to stay ‘lacklustre’ amid bad weather and seasonality
Seasonality and inclement weather should continue to weigh on dry bulk shipping for the next few weeks, particularly the capesize sector, according to market experts.
Οι Έλληνες εφοπλιστές κερδίζουν από τα deals ναυλώσεων στο ξηρό φορτίο
Μπορεί η ναυλαγορά των bulk carriers να σημείωσε διόρθωση τους τελευταίους μήνες, αλλά τα έσοδα παραμένουν σε ικανοποιητικά επίπεδα, κάτι που αξιοποιούν Έλληνες εφοπλιστές «κλειδώνοντας» τα βαπόρια τους σε μακροχρόνιες συμφωνίες.
Dry bulk market’s ‘state of uncertainty’ set to continue
The market could see a continuation of 2021’s trends, including congestion as a result of coronavirus-related restrictions and weather-related disruption, which boosted rates, say market participants. However, wild cards remain in the shape of coal and iron ore trades
Indonesian coal ban will only hit bulkers if it lasts until month’s end — analysts
But experts do not expect the ban to continue, because country has too much at stake
Bulkers in 2022: will low fleet supply save the day as demand falls?
Analysts expect mixed picture of lower demand for bulkers and low fleet growth in 2022
Νέα δεδομένα στα dry: Η Ινδονησία απαγορεύει τις εξαγωγές άνθρακα
Η Ινδονησία προβαίνει σε απαγόρευση των εξαγωγών άνθρακα για τον Ιανουάριο, εν μέσω ισχυρών ανησυχιών για χαμηλές προμήθειες για την κάλυψη των αναγκών των μονάδων ηλεκτροπαραγωγής, σύμφωνα με όσα αναφέρουν ΜΜΕ της ασιατικής χώρας.
‘Tis the season (to review dry bulk)
Alpha, Delta, Omicron… the year that is now coming to an end has us wondering whether we will indeed exhaust all the letters of the Greek alphabet in naming new variants of the infectious disease. Well, we would certainly hope not.